Aquila rallies on share buyback and 6% covered dividend forecast
Shares in Aquila European Renewables jump on news of a €20m share buyback plan to tackle its wide discount and a lift in this year’s dividend target.
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Post-pandemic dividend recovery stalls as mining payouts drop
UK dividends likely to be flat this year as reduced payouts from miners are not wholly replaced by higher distributions from banks and oil giants, Link Group says in its quarterly forecast.
Hargreaves backs Peel Hunt’s RetailBook in battle for DIY investors
Peel Hunt secures backing of Hargreaves Lansdown for spin-off of its Rex technology platform a week after PrimaryBid and Winterflood join forces.
Seven ‘fallen angel’ investment companies offering better this year
Professor Paul Marsh of London Business School says 'fallen angels' account for a quarter of the Numis Smaller Companies index. We highlight the investment companies hoping for a return to grace in 2023.
Int’l Biotechnology lifted by ’material’ gain
International Biotechnology Trust’s discount widens slightly after it reports a rise in an unquoted investment that boosts its net asset value.
Nick Train lifts his ‘skin’ in Finsbury Growth with £1m of share purchases
Flurry of share deals sees fund manager raise his stake in Finsbury Growth & Income to 2.3%.
Conviction Life Sciences can’t convince investors to part with their cash
Hopes of Andrew Craig to launch a life sciences fund on the stock exchange founder in difficult market conditions. Attention turns to see if infrastructure fund AT85 can succeed with its float next month.
Chrysalis can’t escape 2022 horror show as it looks to sell stragglers
Double release of first quarter and annual results from Jupiter's growth capital fund fail to impress, showing 46% slump in asset value last year and prospect of more writedowns to come.
Baillie Gifford US Growth: Don’t judge us until the five-year mark
The once top-performing US investment trust lags the S&P 500 index since launch after a painful two-year crash but its managers want time for their strategy to revive.
James Carthew: Case for green hydrogen grows
HydrogenOne Capital Growth, the only specialist hydrogen investment trust launched so far, has had a rocky time but developments in the energy sector suggest other funds may follow.
Good news comes in threes as RTW Venture jumps 9.4% in December
Two successful clinical trials and a takeover of one portfolio company by AstraZeneca brought a difficult 2022 to a happy conclusion leaving RTW managers cautiously optimistic.
Civitas rents on track despite My Space hiccup
Civitas Social Housing distances itself from suspended Home Reit, saying its rents continue to grow despite tenant My Space failing to pay rents in recent months.
